Price for Cereals; Grain Sorghum, Other than Seed in Iraq - 2022
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in Iraq (CIF) - 2022
- Imports of Cereals; Grain Sorghum, Other than Seed in Iraq
Price for Cereals; Grain Sorghum, Other than Seed in Iraq (CIF) - 2022
The average import price for cereals; grain sorghum, other than seeds stood at $192 per ton in 2022, with a decrease of -2.7% against the previous year. Overall, the import price saw a pronounced decline. The growth pace was the most rapid in 2021 an increase of 13%. Over the period under review, average import prices reached the maximum at $279 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($327 per ton), while the price for Ukraine ($179 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Moldova (+25.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Cereals; Grain Sorghum, Other than Seed in Iraq
In 2022, purchases abroad of cereals; grain sorghum, other than seeds decreased by -34.7% to 2.7K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 228% against the previous year. As a result, imports attained the peak of 4.1K tons, and then reduced rapidly in the following year.
In value terms, imports of cereals; grain sorghum, other than seeds reduced sharply to $517K in 2022. In general, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 270%. As a result, imports attained the peak of $814K, and then shrank markedly in the following year.
| Import of Cereals; Grain Sorghum, Other than Seed in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 80.5 | 64.9 | 684 | 427 | 74.4% |
| Turkey | 25.3 | 12.7 | 84.1 | 44.0 | 20.3% |
| Moldova | 13.2 | 135 | 46.1 | 41.9 | 47.0% |
| Others | N/A | 7.1 | N/A | 4.5 | -20.4% |
| Total | 119 | 220 | 814 | 517 | 63.2% |
Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Iraq in 2022:
- Ukraine (2384.8 tons)
- Moldova (165.8 tons)
- Turkey (134.4 tons)
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